TERRACE EAST CONDO in Miami Beach

TERRACE EAST CONDO
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
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Built fromLive miami data8 years of closingsUpdated twice daily
Live · TERRACE EAST CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
100%
Cash buyers · TERRACE EAST CONDO
7 of 7 sales, 12 mo ending July 2025
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The current MLS snapshot for Terrace East Condo shows no closed transactions in this reporting window, which means there is no fresh sales data to anchor a price read. That is itself the finding: this is a low-turnover building right now, and anyone quoting a firm number for it without a live listing or a recent comparable in hand is guessing.

For a buyer or seller, that changes the approach. Pricing and offer strategy here need to be built listing-by-listing off condo-specific factors, such as unit condition, floor, and association financials, rather than off a community-wide trend line, because the trend line does not currently exist in the data.

Best for

  • A buyer comfortable pricing a unit from its own condition and the association's financials rather than a community sales trend
  • A buyer or seller working with an agent willing to pull condo documents and reserve studies directly given the lack of recent comparable closings
  • Someone open to a smaller, lower-turnover building where activity may pick up unevenly rather than on a predictable schedule

Probably not for

  • A buyer who wants a clear price range or recent comparable sale before making an offer
  • Someone relying on a published amenity list to compare this building against others, since none is currently identified in the MLS record
  • A seller expecting a fast, data-driven pricing conversation without first producing current condo financials and unit history

The market around TERRACE EAST CONDO

TERRACE EAST CONDO is too small for its own price trend, so here is the market around it.

In ZIP 33139, 2 homes are on the market and 0% are under contract — a slower corner of Miami Beach.

Across Miami-Dade County, 60 homes are active and 15 pending (20% under contract).

Homes here are condominium.

ZIP and county figures describe the wider market, not TERRACE EAST CONDO specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in TERRACE EAST CONDO

Live MLS inventory for TERRACE EAST CONDO. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending TERRACE EAST CONDO listings as of 2026-08-05, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2025. Tap any home to ask about it.

If we were buying in TERRACE EAST CONDO today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in TERRACE EAST CONDO.

Best Buy
Best suited to a buyer or seller willing to work from direct diligence rather than a published trend, since none is available for this window.
Biggest Risk
The risk is flying blind on price: with zero closings in this window, there is no comparable sale to validate an asking price against.
Sweet Spot
The sweet spot is a buyer or seller who treats the current listing, the condo docs, and the reserve study as the primary evidence rather than expecting a market report to do that work.
Avoid If
Avoid if you need a data-backed price trend or amenity comparison before committing, since neither exists in the current MLS record for this community.

When the data set is thin

A closings_window of zero is not a red flag on its own, but it does mean standard measures like median price or days on market cannot be responsibly cited here without a live listing to reference. Some condo buildings simply see fewer transactions in a given stretch, and that alone does not tell you whether the building is desirable, overpriced, or something in between.

It does mean the work shifts. Instead of leaning on aggregate stats, a serious look at Terrace East Condo right now requires pulling the current listing sheet, the association budget and reserve study, and any recent unit-level history directly, since the community-wide numbers that normally do that work are not populated for this period.

The location and the amenities are priced into every listing in TERRACE EAST CONDO. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a building with no recent closings to benchmark against, the value of representation is in the diligence, not the data pull. Momentum works from the active listing and the association's own documents, checks unit condition and building financials directly, and builds a position from primary sources instead of a stale trend line.

TERRACE EAST CONDO in 15 seconds.

Best forBest suited to a buyer or seller willing to work from direct diligence rather than a published trend, since none is available for this window.
Biggest advantageThe advantage is a smaller, less-transacted building, which can mean less competitive pressure on any single listing that does surface.
Biggest riskThe risk is flying blind on price: with zero closings in this window, there is no comparable sale to validate an asking price against.
Sweet spotThe sweet spot is a buyer or seller who treats the current listing, the condo docs, and the reserve study as the primary evidence rather than expecting a market report to do that work.
Avoid ifAvoid if you need a data-backed price trend or amenity comparison before committing, since neither exists in the current MLS record for this community.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed TERRACE EAST CONDO sales matched to your home.

What is your TERRACE EAST CONDO home worth?

Get a no-obligation home value based on real comparable sales in TERRACE EAST CONDO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in TERRACE EAST CONDO on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

12% of homes for sale in ZIP 33139 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).

Frequently Asked Questions

Do cash buyers compete in TERRACE EAST CONDO?
Cash buyers took 100% of TERRACE EAST CONDO sales in the 12 months ending July 2025 (7 of 7 closings, miami).
Who is the best real estate agent for TERRACE EAST CONDO?
The best agent for TERRACE EAST CONDO is one who actively works Miami Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for TERRACE EAST CONDO.
How do I find a top Miami Beach real estate agent who knows TERRACE EAST CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows TERRACE EAST CONDO and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for TERRACE EAST CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your TERRACE EAST CONDO purchase or sale - no call center and no pressure.
A buyer comfortable pricing a unit from its own condition and the association's financials rather than a community sales trendExcellent fit
A buyer or seller working with an agent willing to pull condo documents and reserve studies directly given the lack of recent comparable closingsExcellent fit
Someone open to a smaller, lower-turnover building where activity may pick up unevenly rather than on a predictable scheduleExcellent fit
A buyer who wants a clear price range or recent comparable sale before making an offerProbably not
Someone relying on a published amenity list to compare this building against others, since none is currently identified in the MLS recordProbably not
A seller expecting a fast, data-driven pricing conversation without first producing current condo financials and unit historyProbably not

Data sources & freshness

Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2018 (25 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

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More Miami Beach & Miami & Miami-Dade County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Miami & Miami-Dade County or the full Neighborhood Finder.

Thinking of selling in TERRACE EAST CONDO? See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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